DGFT relaxes One Star Export House norms, exporters can qualify on performance in any two of three preceding years

The Directorate General of Foreign Trade has relaxed the norms for exporters to qualify as One Star Export Houses. This change allows exporters to qualify based on their performance in any two of the three preceding financial years. The relaxation is expected to benefit exporters who may have had a poor performance in one year but still showed good results in other years, making it easier for them to achieve export house status. This change could lead to an increase in the number of exporters qualifying for export incentives and benefits.

Why it matters

The government's relaxation of export house status eligibility criteria will make it easier for exporters to qualify. This could lead to increased exports and economic growth for India.

Market impact

Transmission channels

Likely winners & losers

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